Category: Bitcoin

Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin

Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it. In a tweet on Tuesday, analyst William Clemente III noted that BTC/USD has reached a bullish springboard zone on the stock-to-flow model. Analyst “likes odds” of the stock-to-flow induced bull trigger.

A multi-million-dollar property in California’s Sonoma County featuring panoramic vineyard views is up for sale for $3.3 million, according to a new listing. A San Francisco Chronicle report says that the 4,400-square-foot, three-bed, three-bath property located in Santa Rosa can be purchased in cash or Bitcoin (BTC).   The property’s listing agent Lisa Thomas says

A closely followed crypto analyst is mapping out two possible scenarios for Bitcoin as BTC struggles to break $40,000. In a new strategy session, the pseudonymous analyst known as Altcoin Psycho says he’s looking at the $41,000 level in BTC as the potential trigger for either a continued rally or a correction.   According to

Payments in cryptocurrencies like Bitcoin (BTC) make up one of the biggest use case demands among consumers alongside long-term investment, according to new data. Pymnts, a major payments-focused publication, released Monday a report on consumer preferences regarding cryptocurrency payments. Dubbed “Cryptocurrency Payments Playbook: Cryptocurrencies Gain Momentum As A Payment Option,” the study analyzes a survey

Bank of America (BofA), one of the largest banks in the US, believes El Salvador has a lot to gain from its decision to adopt Bitcoin. In a report shared by El Salvador’s President Nayib Bukele to a state-owned publication, BofA highlights the four key upsides to the country’s Bitcoin adoption.    The bank says that

An upcoming collaboration between Bakkt and Quiznos will allow customers to pay for meals at certain locations with Bitcoin (BTC). Customers will be able to pay in BTC at certain Quiznos shops in Colorado’s capital as part of an initial test run, according to a public statement on Tuesday. “The pilot will be available at select Quiznos

A combination of multiple indicators tracking Bitcoin (BTC) blockchain would continue the benchmark cryptocurrency’s price rally further into 2021, popular on-chain analyst Willy Woo anticipates. In his recent newsletter, the market researcher wrote that he expects Bitcoin prices to reach the $50,000-$65,000 range in the coming sessions. His comments appeared as BTC/USD reclaimed its three-month

Bitcoin’s price has been rallying in tandem with altcoins, sending mentions of the markets flipping back to a bullish supercycle for Bitcoin (BTC). The flagship cryptocurrency went through the resistance levels of $42,000 for the first time since May 19, hitting a peak of $42,541 on July 31.  Alongside the market rally, the Bitcoin dominance

Lawmakers in the United States have called for caution regarding implementing a proposed tax policy that could have significant implications for America’s crypto space. As previously reported by Cointelegraph, an expanded crypto taxation regime was a last-minute addition to the $1-trillion infrastructure deal currently being debated in Congress. According to the proposed amendments, tighter rules